Thursday, November 1, 2007

Delek Real Estate in talks

JERUSALEM, Oct 28 (Reuters) - Israel's Delek Real Estate Ltd (DLKR.TA: Quote, Profile, Research) said on Sunday it is in talks with Netherlands-based investment group Kardan NV (KRNV.TA: Quote, Profile, Research) (KARD.AS: Quote, Profile, Research) to sell or merge its residential activity in Israel.